Propane CIF NWE
This cash price reflects the value of propane cargoes delivered CIF Northwest Europe, basis North Sea 10-25 days forward from the date of publication. Other ports will also be taken into account for the assessment. This product is a liquefied petroleum gas typically used in heating and as a petrochemical feedstock. It is assessed as a flat price. The balmo and monthly assessments are Quantum's assessed value of swaps contracts that are financially-settled against Argus Media's average monthly assessment published on the calendar month in question. The swaps assessments roll monthly on the 1st of each month.
Currency and unit of measure: $/mt
Time of assessment: 16:30:00 Europe/London
Publishing frequency: Daily
Spec: Refrigerated cargoes
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